PEREGRINE - ACCOUNTING REVIEW
EXAM QUESTIONS AND ANSWERS
(VERIFIED AND UPDATED)
Balance Sheet Analysis - ANS Analysis of assets, liabilities, and equity
Annually or quarterly
Helpful for investors, bankers and brokers
Compliance in Accounting - ANS Sarbanes act was created in 2002 to protect shareholders
What are dividends? - ANS a sum of money paid regularly by a company to its shareholders
out of its profits
_ can be allocated as fixed amount per share - ANS Dividends
Dividends - ANS can only be received one or more regular payment stream
Cash dividend - ANS paid out of currency of the company
@2026/2027 ALLRIGHTS RESERVED.
, Are usually taxable
stock dividend - ANS Paid out in form of stock
Property - ANS paid out in form of asset
Interim - ANS made before a companies annual general meeting and final financial statement
Common stock - ANS allows owners to vote at shareholder meetings and receive dividends
preffered stock - ANS stock that gives stockholders preference in earnings and other rights
Growth stock - ANS earnings grow faster than market average
Dividends rarely paid
Investors buy them
Startup technology company likely has them
Income stock - ANS pays higher-than-average dividends compared to other stock issues
Value stock - ANS stock from a company which has a low market price considering historical
earning records and value of current assets
@2026/2027 ALLRIGHTS RESERVED.
EXAM QUESTIONS AND ANSWERS
(VERIFIED AND UPDATED)
Balance Sheet Analysis - ANS Analysis of assets, liabilities, and equity
Annually or quarterly
Helpful for investors, bankers and brokers
Compliance in Accounting - ANS Sarbanes act was created in 2002 to protect shareholders
What are dividends? - ANS a sum of money paid regularly by a company to its shareholders
out of its profits
_ can be allocated as fixed amount per share - ANS Dividends
Dividends - ANS can only be received one or more regular payment stream
Cash dividend - ANS paid out of currency of the company
@2026/2027 ALLRIGHTS RESERVED.
, Are usually taxable
stock dividend - ANS Paid out in form of stock
Property - ANS paid out in form of asset
Interim - ANS made before a companies annual general meeting and final financial statement
Common stock - ANS allows owners to vote at shareholder meetings and receive dividends
preffered stock - ANS stock that gives stockholders preference in earnings and other rights
Growth stock - ANS earnings grow faster than market average
Dividends rarely paid
Investors buy them
Startup technology company likely has them
Income stock - ANS pays higher-than-average dividends compared to other stock issues
Value stock - ANS stock from a company which has a low market price considering historical
earning records and value of current assets
@2026/2027 ALLRIGHTS RESERVED.
